TITLE

European spot wanes as Asia falters

PUB. DATE
July 2006
SOURCE
ICIS Chemical Business;7/3/2006, Vol. 1 Issue 26, p36
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that Aromatics prices stumble as Asian dip takes its toll and that European MTBE leaps on a strong energy complex while olefins contracts see moderate gains for the third quarter of 2006. Crude futures continued to strengthen largely on the current peak demand for gasoline. The Asian market looked weaker, with southern Chinese prices down Yuan20-40/ tonne to Yuan2600/tonne ex-tank, as a result of weak formaldehyde demand. INSET: EUROPEAN PARAXYLENE SPOT HITS 11-YEAR HIGH.
ACCESSION #
21764276

 

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